More spending would probably be for renewables (the government doesn’t fund oil and gas), which would be positive for that industry, but the higher interest rates from increased inflation will ...
But high inflation also influences the job market, often drawing more people into the ... So eventually, they’ll have to cut their spending in response to rising prices.
Lingering inflation illustrates the nation's inflation crisis is not over, economists said, and that the Fed's battle against rising prices must go on. Yes, economists say: government spending can ...
The reason is clear, experts told ABC News: Interest rates will remain historically high even after a small cut. The Fed likely does not view a mild uptick of inflation this fall as enough to deviate ...